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25% LTV to buy freehold
anh1904
Posts: 480 Forumite
Mother lives in house mortgage free, but wants to buy freehold.
Total cost is about 40k
Freehold house would be between 160 to 200
She is on pension
She wants to borrow against the property to buy freehold.
Any suggestions if this is possible and where to start looking?
Total cost is about 40k
Freehold house would be between 160 to 200
She is on pension
She wants to borrow against the property to buy freehold.
Any suggestions if this is possible and where to start looking?
Like all revolutions, guerrilla goodness begins slowly, with a single act. Let it be yours.
Practice random acts of kindness and senseless acts of beauty.
Practice random acts of kindness and senseless acts of beauty.
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